Kharg Island: Iran's vital oil hub in the crosshairs? A satellite image of Iran's Kharg Island, which hosts the country’s main crude export terminal. The island, located around 30 kilometres (19 miles) off the Iranian mainland, handles roughly 90 percent of Iran's crude exports, according to a JP Morgan note released Sunday. Kharg underwent key developments during Iran's oil expansion in the 1960s and 1970s, with much of the country's coast too shallow for supertankers. The same day, Israeli opposition leader Yair Lapid argued for stronger steps, saying in an X, formerly Twitter, post: "Israel needs to destroy all of Iran's oil fields and energy industry on Kharg Island; that's what will crush Iran's economy and bring down the regime."

Source: Bangkok Post March 11, 2026 15:58 UTC